Boys & Girls Clubs in New Jersey

Analysis

Boys & Girls Clubs in New Jersey is a registered charity in United States, based in Clifton, NJ. It received its IRS tax-exemption ruling in October 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Boys & Girls Clubs in New Jersey reported income of $898k and spending of $736k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $730k to $898k (+23%), an average of +5.3% a year. The sharpest change came in the year to December 2021, when income rose by 86%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Boys & Girls Clubs in New Jersey sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 81st percentile within NJ. Charities of a similar size with the same main cause include Community Living Inc ($898k), Leeward Charitable Foundation Inc ($898k) and Womens Society of Cyberjutsu ($898k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 4.2% of the total. Compensation of current officers, directors and key employees was $165k (22% of expenses). Other salaries and wages came to $138k. At year end it held assets of $628k against liabilities of $126k, net assets of $503k. It reported 9 employees.